Southern Copper (SCCO) Return on Invested Capital [ROIC] (2009 - 2024)
Southern Copper (SCCO) recorded Return on Invested Capital [ROIC] of 21.00% in Q3 2024, down 0.28 percentage points from 21.27% a year earlier but up 0.81 percentage points from the prior quarter.
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Analysis
Southern Copper (SCCO) Return on Invested Capital [ROIC] (2009 - 2024) Analysis & Trends
For FY2023, Southern Copper reported Return on Invested Capital [ROIC] of 18.36%, down 0.64 percentage points from FY2022.
- Annual Return on Invested Capital [ROIC] has a five-year change of +4.51 percentage points (FY2018 to FY2023).
- Across earlier years, Return on Invested Capital [ROIC] came in at 19.00% in FY2022 (-6.32 pp), 25.32% in FY2021 (+12.38 pp), 12.93% in FY2020 (+0.19 pp) and 12.74% in FY2019 (-1.10 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 11.03% in Q1 2020 to 24.61% in Q1 2022 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -1.54 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 11.54 percentage points in Q4 2021, against a drop of 5.22 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.18% (Q2 2024), 17.99% (Q1 2024) and 18.58% (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 164.02 Bn | 133.06 Bn | - | - |
| 2 | Southern Copper | 154.30 Bn | 133.16 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 135.37 Bn | 95.87 Bn | - | - |
| 4 | Newmont | 113.13 Bn | 78.45 Bn | 4.22 Bn | 8.59% |
| 5 | Freeport-Mcmoran | 93.66 Bn | 89.81 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 86.95 Bn | 76.58 Bn | 2.43 Bn | 23.34% |
| 7 | Barrick Mining | 63.88 Bn | 48.62 Bn | 2.90 Bn | 24.82% |
| 8 | Nucor | 58.56 Bn | 49.10 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 45.28 Bn | 26.31 Bn | - | 3.49% |
| 10 | AngloGold Ashanti | 42.20 Bn | 31.88 Bn | 1.70 Bn | 39.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 21.00% |
| Jun 30, 2024 | 20.18% |
| Mar 31, 2024 | 17.99% |
| Dec 31, 2023 | 18.58% |
| Sep 30, 2023 | 21.27% |
| Jun 30, 2023 | 20.24% |
| Mar 31, 2023 | 19.39% |
| Dec 31, 2022 | 19.38% |
| Sep 30, 2022 | 19.35% |
| Jun 30, 2022 | 21.56% |
| Mar 31, 2022 | 24.61% |
| Dec 31, 2021 | 24.56% |
| Sep 30, 2021 | 23.02% |
| Jun 30, 2021 | 20.98% |
| Mar 31, 2021 | 16.68% |
| Dec 31, 2020 | 13.02% |
| Mar 31, 2020 | 11.03% |
| Dec 31, 2019 | 12.17% |
| Sep 30, 2019 | 12.41% |
| Jun 30, 2019 | 12.73% |
API Access
Southern Copper Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=SCCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "SCCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();